Apps » Future Net Worth Calculator

Calculate the long-term value of assets vs inflation using various investment strategies.

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Profile

Date of birth
Date of birth is used to calculate your state pension age and life expectancy.
Sex
Sex is used to calculate your state pension age and life expectancy.
Life expectancy
UK average life expectancy, calculated from the date of birth and sex.
80 years (October 2060)

Strategy

Spending
The order of selling assets when cash is needed.
Debt
What to do when there are not enough assets to pay the bills.
Reinvestment
Where to direct excess cash (over £500).

Income

Annual salary
The annual income from work.
£
per year

Expenses

Monthly bills
The total amount spent each month, including food, phone bills, gas, electricity and council tax, but excluding mortgage payments and rent.
£
per month
Rent
Monthly rent payment. Rent is added when no property is owned.
£
per month

Assets - Savings

Cash
The amount of money held as physical cash and in current accounts.
£
Savings
The total amount in savings accounts.
£
Savings interest rate
The interest rate for savings.
%
Investments
The total amount in long-tern investments, for example, shares and bonds.
£
Investment interest rate
The interest rate for investments.
%

Assets - Property

Property
The total value of home.
£
Remaining mortgage years
The number of years remaining on the mortgage.
Mortgage payments
Monthly mortgage payment.
£
per month

Liabilities

Debt
Total amount of loans, not including mortgages.
£
Debt interest
The annual percentage interest on debt.
%

Retirement and Pensions

Retirement age
The age at which salary income stops and private pension income starts.
Retirement date
The month that the income ends and private pension income begins.
May 2050
Private pension income
The annual income from a private pension on the first day of retirement.
£
per year
Is private pension linked?
Does the private pension income increase at the level of inflation?
Linked ⁄ Not linked
State pension income
The UK annual state pension, the value of which depends on national insurance payments.
£
per year
State pension age
Age when UK state pension starts, which depends on date of birth and sex.
68 years (May 2048)

Economy

Rate of inflation
The annual rate of inflation.
%
Property inflation
The annual rate of increase in property prices and rent.
%
State pension inflation
The annual rate of increase in the state pension.
%
Salary inflation
The annual increase in salary as a percentage.
%
NOTES: This calculation will stop before life expectancy if net worth falls below £50,000.  . Bills are paid at the beginning of the month, actions are taken in the middle of the month, and income is added at the end of the month.  . The value of the property at point of sale is the inflated property value minus the remaining mortgage.  . Rent is added when no property is owned.  . Cost of sale of property is £5,000.